Nucor Executives Ramp Capex With Economic Winds at Their Backs

URLhttps://www.industryweek.com/leadership/companies-
SourceIndustry Week
Date Published01/30/2024
Author NameGeert De Lombaerde

Additional Reshoring Information:

Company/Division name Nucor
Parent companyNucor
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):3500
City reshored to:Charlotte
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredvarious steel primary metal products
What domestic positive factors made reshoring more attractive?Higher productivity, future boost from federal spending programs
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